Petroleum Geo-Services ASA (OTCMKTS:PGSVY) was downgraded by investment analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a research note issued to investors on Friday.

Separately, Zacks Investment Research raised shares of Petroleum Geo-Services ASA from a “sell” rating to a “hold” rating in a research report on Thursday, December 28th.

Shares of Petroleum Geo-Services ASA (OTCMKTS:PGSVY) opened at $2.60 on Friday. Petroleum Geo-Services ASA has a 12-month low of $1.40 and a 12-month high of $3.40. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.32 and a quick ratio of 1.32. The company has a market cap of $939.06, a PE ratio of -1.68 and a beta of 1.83.

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About Petroleum Geo-Services ASA

Petroleum Geo-Services ASA (PGS) is a marine geophysical company. The Company provides a range of seismic and reservoir services, including acquisition, imaging, interpretation and field evaluation. Its segments are Marine Contract and MultiClient. The service lines within the Marine segment include Marine Contract, MultiClient pre-funding, MultiClient late sales, Imaging and Other.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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